Important updates:

The proposed change to the contract DID pass this time. Thank you all for voting.

Dividends have been paid per the contract. More information can be found here:

https://docs.google.com/spreadsheet/ccc?key=0AijqHDhq-O1zdEMtQks4SHdMcVUzY3BsRG5aanFpQ3c

I have decided to retroactively pay out to the growth fund as can be seen in the above link.

Sorry for the late updates, I have been crazy busy with work and other personal obligations.

10/07/2012 11am - 10/14/2012 11am            
            
Diff.              Hours @ Diff.               LTC / Bond      
13.22001                41         0.129976463646145      
13.58032                71         0.21910938948174      
16.01879                56         0.146511246271826
      
Dividend Paid:  0.49559709 / bond

The motion to add a growth fund to the mining bond has passed with 33 "Yes" votes, and 0 "No" votes.

9/30/2012 11am - 10/07/2012 11am
Diff.                   Hours @ Diff.                           LTC / Bond
11.0927                   53                           0.200240188517373
11.6562                   74                           0.266064769965054
13.22001                 41                            0.129976463646145

Total / Bond                                              0.596281422128572
Total / Bond x2                                         1.19256284

Dividend Paid: 1.19256284 / Bond

I will also be posting some pictures of the rig soon. I ordered a new battery charger for my camera yesterday and it should be here Monday or Tuesday.

A motion to change the current contract has been raised. Please review the changes and submit your vote by 19:00 10/08/2012. Since this affects all current bondholders I am requiring that it passes with a 100% vote.

AJM MINING'S PERPETUAL MINING BOND

CONTRACT

1. BOND TERMS
Each bond currently represents a MINIMUM of 1Kh/S ongoing Litecoin mining power.
All bonds sold are free of any maintenance, administration, or utility fees.
Each bond will pay 100% of its earnings on Sunday of every week.
Each bond sold is perpetual and does not expire.
To insure the bond remains viable in the future the issuer reserves the right to increase the minimum hashing speed each bond is worth at any time.

2. GROWTH FUND
An amount equal to 25% of all paid dividends will be held in AJM Mining's growth fund.
Once there are sufficient funds available in the growth fund they will be withdrawn and used to purchase hardware to increase the hash rate each bond is worth.ncrease in each bonds minimum hash speed will be equal to 60% of the new hardwares average hash speed distributed evenly to all existing bonds at the time of withdrawel from the growth fund.
The issuer will make all final decisions on hardware to be purchased.
Additional hardware will be set up and maintained by the issuer.
After new hardware has been purchased and set up, each existing bonds minimum hash speed will be increased by taking 45% of the aquired hardwares average hash speed and distributing it equally to all bonds available at that time.

3. ISSUING NEW BONDS AND BUY BACK
The issuer reserves the right to release additional bonds at any time.
The price of newly issued bonds can not be lower than 10% of the lowest traded price from the previous 2 weeks.
Each bond sold will always always represent a minimum of 1.25 times the existing hash speed available to back them.
The issuer reserves the right to buy back the bond at any time at a price equal to 1.05 times the highest price a bond was traded for on LitecoinGLobal over the previous 2 weeks.

The rig for AJM Mining is currently hashing on burnside's pool. Information and stats about the rig can be found at:

http://ltc.kattare.com/ajmmining.php

Big thanks to burnside for providing this feature. Hopefully this is a feature that all issuers of mining bonds and mining shares will find useful to provide some transparency on their mining operation.

Sent a pm.

I may be interested in a couple. How old are the cards?

Any luck selling them yet? I may be interested in one if you are willing to negotiate the price.

9/23/2012 11am - 9/30/2012 11am   
Diff.            Hours @ Diff.         LTC / Bond                     
9.76439             58            0.248940478446
11.06468             84            0.318165489648142
11.0927             26            0.098231035876447

Total / Bond                    0.665337003970589                        
Total / Bond x 2                1.330674007941178

Dividend Paid:                    1.33094014 / Bond

I think that would be a great idea. Let me know if you decide to implement it and I will definitely participate.

Thanks for the well wishes and the investment (and really all you have been doing for the LTC community). I'll be sure to take very good care of all of my bond holders.

The first dividend for AJM.MINING is schedule for tomorrow (9/30/2012 11:00 MST). As a special thank you to early purchasers who are investing in this bond I will be doubling the dividend for each bond sold before the time of payout tomorrow.

AJM.MINING is now live on LitecoinGlobal. I have release 250 shares at 80 LTC each. The other 250 will be sold at 85-90 each.

Nice catch thanks for pointing that out.

Reserved.

AJM.MINING is now live!

Grab some bonds here: https://www.litecoinglobal.com/security/AJM.MINING
View the miner's stats here: http://ltc.kattare.com/ajmmining.php

PENDING CONTRACT

AJM MINING'S PERPETUAL MINING BOND

CONTRACT

1. BOND TERMS
Each bond currently represents a MINIMUM of 1Kh/S ongoing Litecoin mining power.
All bonds sold are free of any maintenance, administration, or utility fees.
Each bond will pay 100% of its earnings on Sunday of every week.
Each bond sold is perpetual and does not expire.
To insure the bond remains viable in the future the issuer reserves the right to increase the minimum hashing speed each bond is worth at any time.

2. GROWTH FUND
An amount equal to 25% of all paid dividends will be held in AJM Mining's growth fund.
Once there are sufficient funds available in the growth fund they will be withdrawn and used to purchase hardware to increase the hash rate each bond is worth.
The issuer will make all final decisions on hardware to be purchased.
Additional hardware will be set up and maintained by the issuer.
After new hardware has been purchased and set up, each existing bonds minimum hash speed will be increased by taking 45% of the aquired hardwares average hash speed and distributing it equally to all bonds available at that time.

3. ISSUING NEW BONDS AND BUY BACK
The issuer reserves the right to release additional bonds at any time.
The price of newly issued bonds can not be lower than 10% of the lowest traded price from the previous 2 weeks.
Each bond sold will always always represent a minimum of 1.25 times the existing hash speed available to back them.
The issuer reserves the right to buy back the bond at any time at a price equal to 1.05 times the highest price a bond was traded for on LitecoinGLobal over the previous 2 weeks.

Thanks for all the help, I was able to get it working.

First tried reinstalling drivers....same issue

Tried uninstalling and then installing drivers.... same issue

Finally just did a clean install of Windows and all drivers....WORKED!

I just installed another graphics card and now cgminer is saying "All devices disabled, cannot mine!".
For reference I am running windows 64bit.
Any help will be greatly appreciated.

Sorry, was tired when reading this. Somehow I thought the 1500 was the bounty for getting the information of the owner. =/